FSC Chairman Kim Joo-hyun met with the heads of financial industry associations on July 27 and held talks on the current economic and financial market conditions and discussed the government's regulatory reform agenda, risk management in financial sectors and the recently announced measures to help stabilize people's livelihoods. During the meeting, Chairman Kim spoke about the importance of developing innovative and forward-looking business ideas for the future of the financial industry and stated that the government will actively seek regulatory reforms in the financial industry to help broaden the horizon for financial sectors and help financial institutions to deal with digital transformation and changing industrial terrain in a more flexible way.